SBI : WEEKLY CHART : WOLFE'S WAVELet's see that the NSE:SBIN can reach it's target (1-4 Line) or not.
Downtrend
TATA MOTORS_TREND ANALYSIS_SHORT TATA MOTORSAs on 24/09/18, Tata Motors is in downtrend. Sell Tata Motors for target 231.
MARUTI SUZUKI_TREND ANALYSISAs on 18/09/18, Maruti Suzuki is in downtrend. Resistance level is 8471.19 and support level is 8363.17. As per fibonacci and support trend line Maruti will fall upto 8281 and then bounce up from that level for targets 8600/89028/9108 by the end of 3rd or 4th week of October 2018.
Sell Berger Paints LimitedSell Berger Paints Limited
parallel channel top so possible Come Down
Target :1 RS: 320
Target :2 RS: 310
Target :3 RS: 300
Sell Infosys Limited Sell Infosys Limited
parallel channel top so possible Come Down
This Month Maximum Up Side Possible 1440
Sell HCL Technologies LimitedSell HCL Technologies Limited
Target 1 Rs :980
Target 2 Rs :940
Target 3 Rs :920
DIVISLAB RESULT CALLDIVISLAB RESULT ON AUG 4
4HOUR AND WEEKLY CLEAR TRIPLE TOP.,,,
SELL CMP 1155. SL 1180(CLOSING BASIS)
TARGET 1040.990.928,,
OR
BUY 1200 CE 37 -800 QTY.----
BUY 1100 PE 27 - 1600 QTY.
WAIT TILL AUG 10
metal sector looks bearishIn weekly, after a strong uptrend, head & shoulder pattern formed then price broke the neckline and pattern confirmed.
Bolinger band is in downtrend and price is pushing the lower BB downwards.
So we can see selling pressure in metal stocks like tatasteel, hindzinc, welcorp, hindalco, vedanta etc.
tata steel looks bearish inshort to medium termIn weekly, important horizontal support 555-542 broken, next support at 415-407 level.
In daily time frame.
please Answer Me is this Trend Line? Explain me pleaseHello Friends I am new In Analysis and Keep Learning And Today im confused In This Chart Can anyone tell me This IS Downtrend Line Or Not?
I Think Bullish divergence Is Right But Not Sure about Trend Line
Please give me your valuable time to explain me
Thank you
Short-Term DowntrendCE OI thrice that of PE OI.
150 Seems like an unbreakable level.
Short and carry till levels of 135.
Stoploss: Above 145.6
Further analysis after target meets.
